Thank you OCMiner

Update:

We are ready to start mining

The sourcecode can be found at:
https://github.com/ABCChain/abcchain

and

Releases at https://github.com/ABCChain/abcchain/releases/tag/v0.1.0

Currently only windows is uploaded. We are busy building OSX and Linux.

The first 1000 Blocks have a reward of 1, for fair mining.

We will yes. We want everyone to be able to start at the same time.

Update:

We are busy building the builds and will post the links before 16:00 UTC

Please be patient. We will announce 1 hour prior to the start of PoW. The first 1000 blocks (approx 33 hours) have a reward of only 1ABC to ensure an equal opportunity launch.

Please read the OP. The wallets are coming...TBA.

You will need to mine it using getwork, with a mining program as its not built in,
or contact a pool and have them add ABC mining.

Update:

Due to some difficulties with dependencies / windows, we will be delaying the launch a bit.
Please check back in an hour for an update.

For now, Launch 11 May, 2017 - TBA UTC

Op updated as follows:

PoW Specifications: 39,717,000ABC total at end of PoW
PoS Block Rewards: 51,215,322ABC total when PoS reduces to 1% annualized

Wallet downloads will be made available at launch.

There are no "air drops" or "bounties". This is a user focused blockchain project. If you believe a feature needs to be added, then create a bounty for it and we will list in the community announcement post.

This is covered in the announcement. There is no ICO or pre-mine.

ABC  - Blockchain Protocol




ABC is a open/generic blockchain protocol launched to allow tokenized transfers.
ABC will be initially secured by Proof of Work/Proof of Stake and then change to only Proof of Stake security at a specific block height.
ABC tokens will be rewarded by the ABC protocol to users who direct recourses to secure the ABC blockchain.
ABC will be a user driven project not a developer driven project. The users will need to take initiative.


ABC has no crowdfunding
ABC has no pre-mine
ABC developers are not compensated


The developers launching ABC are not compensated in any way for their efforts developing/maintaining the ABC protocol.
The developers will maintain and update the protocol in effort to provide a useful system to users, this may include a fork to a contracting codebase in the future.
The goal of the developers is to maintain a stable blockchain that will enable the creation of applications upon it.
The developers will not participate in "marketing" or acquiring exchange listings, but will provide necessary information to users.  
The developers offer no warranty to users wishing to participate in the ABC protocol. The ABC protocol is offered as open-source freeware.



Launch: 11 May, 2017 - 16:00 UTC

 

PoW Specifications:

• Algo: X11
• Block time: 2 minutes
• Max height: 60480 (afterward the network will no longer accept PoW blocks)

PoW/PoS Block Rewards: 39,717,000ABC total at end of PoW

• Block 1 - 1000 = 1ABC (equal opportunity launch)
• Block 1001 - 5040 = 100ABC
• Block 5041 - 10080 = 200ABC
• Block 10081 - 15119 = 400ABC
• Block 15120 - 64800 = 800ABC
• Block 64800 PoW ends

Increasing PoW block rewards are designed to provide equal opportunity to any individual wishing to contribute their recourses to provide security and to improve distribution of ABC tokens.


PoS Block Rewards (PoS only blocks begining block 64801): 51,215,322ABC total when PoS reduces to 1% annualized

• Block 64801 - 69839 = 800ABC
• Block 69840 - 74879 = 400ABC
• Block 74880 - 79919 = 200ABC
• Block 79920 - 84959 = 100ABC
• Block 84960 - 89999 = 50ABC
• Block 90000 - 95039 = 25ABC
• Block 95040 - 100079 = 12.5ABC
• Block 100080 - 105119 = 6.25ABC
• Block 105120 - 110159 = 3.125ABC
• Block 110160 = 1% annualized

The PoS rewards schedule is designed to encourage PoW participants to stake their coins and secure the blockchain through Proof of Stake.


Specifications:

• Block time: 2 minutes
• Stake interest: 1% annually
• Min transaction fee: 0.01 ABC
• Min stake age: 250 blocks
• Default Port: 44233
• RPC Port: 44234

Wallet Downloads:

• Linux: https://github.com/ABCChain/abcchain/releases/download/v0.1.1/abcchain-linux-0.1.1.zip
• OSX: https://github.com/ABCChain/abcchain/releases/download/v0.1.1/abcchain-osx-0.1.1.dmg
• Windows: https://github.com/ABCChain/abcchain/releases/download/v0.1.1/abcchain-win64-0.1.1.zip
• Source code: https://github.com/ABCChain/abcchain

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